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Portland Flex Building 1631 SW Jefferson St 9,846 SF Flex Building Portland, OR 97201 $1,700,000 ($172.66/SF)
Investment Highlights
- ±9,846 SF flexible building – ideal for warehouse, showroom, or office conversion
- Development-ready CXd zoning – 4:1 FAR with bonus height potential up to 165’
- Highly accessible transit hub – Walk Score 98, Transit Score 96, Bike Score 85
- Prime Goose Hollow location near Multnomah Athletic Club, Providence Park & Lincoln High School
- Month-to-month tenant – income in place, vacant delivery possible within 30 days
- Dense and affluent trade area – 47,000 residents and 118,000+ workers within one mile
Executive Summary
Prime owner/user, investor, or redevelopment opportunity in Portland’s Goose Hollow neighborhood. The ±9,846 SF building (approximately 60% warehouse / 40% showroom & office) sits on a ±10,072 SF corner lot with CXd zoning, a 4:1 FAR, and height potential up to 165’, supporting future multifamily redevelopment.
The property is also available for lease at $1.00/SF/Mo. NNN, offering flexibility for users or investors. Currently occupied by a single tenant on a month-to-month lease, the space can be delivered vacant with 30 days’ notice.
Located directly across from the Multnomah Athletic Club, near Providence Park (home of the Portland Timbers & Thorns) and Lincoln High School, the site benefits from strong visibility, excellent transit access (MAX light rail and Portland Streetcar), and proximity to several new residential developments.
Offered at $1,700,000, this property combines in-place income potential with exceptional long-term redevelopment upside in one of Portland’s most active mixed-use districts.
The property is also available for lease at $1.00/SF/Mo. NNN, offering flexibility for users or investors. Currently occupied by a single tenant on a month-to-month lease, the space can be delivered vacant with 30 days’ notice.
Located directly across from the Multnomah Athletic Club, near Providence Park (home of the Portland Timbers & Thorns) and Lincoln High School, the site benefits from strong visibility, excellent transit access (MAX light rail and Portland Streetcar), and proximity to several new residential developments.
Offered at $1,700,000, this property combines in-place income potential with exceptional long-term redevelopment upside in one of Portland’s most active mixed-use districts.
Property Facts
Amenities
- Bus Line
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R145220 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $707,930 |
Property Taxes
Parcel Number
R145220
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$707,930
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Portland Flex Building | 1631 SW Jefferson St
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